China Three Gorges Renewables (Group) Co (SHSE:600905) Inventory Turnover: 8.96 (As of Mar. 2026)

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SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
70 GF Score
Price ¥3.86
GF Value ¥4.44
Valuation Modestly Undervalued
! 10 Warning Signs
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What is China Three Gorges Renewables (Group) Co Inventory Turnover?

China Three Gorges Renewables (Group) Co SHSE:600905 -2.03% 70 Inventory Turnover is 8.96 as of Mar. 2026. GuruFocus rates SHSE:600905 with a GF Score™ of 70/100 and a GF Value™ of ¥4.44 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Three Gorges Renewables (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥4,193 Mil. China Three Gorges Renewables (Group) Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥468 Mil. China Three Gorges Renewables (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Three Gorges Renewables (Group) Co's Days Inventory for the three months ended in Mar. 2026 was 10.18.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. China Three Gorges Renewables (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.07.


China Three Gorges Renewables (Group) Co  (SHSE:600905) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Three Gorges Renewables (Group) Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=467.924/4192.567*365 / 4
=10.18

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

China Three Gorges Renewables (Group) Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=467.924 / 6948.044
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


China Three Gorges Renewables (Group) Co Inventory Turnover Related Terms


China Three Gorges Renewables (Group) Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for China Three Gorges Renewables (Group) Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Three Gorges Renewables (Group) Co Inventory Turnover Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.26 56.10 41.20 34.13 35.28

China Three Gorges Renewables (Group) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.20 8.39 8.67 10.04 8.96
SHSE:600905
70GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Three Gorges Renewables (Group) Co Inventory Turnover Calculation

China Three Gorges Renewables (Group) Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=16525.1 / ((469.932 + 466.991) / 2 )
=16525.1 / 468.4615
=35.28

China Three Gorges Renewables (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=4192.567 / ((466.991 + 468.857) / 2 )
=4192.567 / 467.924
=8.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 8.96 mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Inventory Turnover of 8.96 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Three Gorges Renewables (Group) Co and its competitors.
Is China Three Gorges Renewables (Group) Co's Inventory Turnover too high?
China Three Gorges Renewables (Group) Co's current Inventory Turnover is 8.96. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Inventory Turnover compare to competitors?
China Three Gorges Renewables (Group) Co's Inventory Turnover of 8.96 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Utilities - Independent Power Producers company?
A good Inventory Turnover depends on the Utilities - Independent Power Producers industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Three Gorges Renewables (Group) Co and its competitors. China Three Gorges Renewables (Group) Co's current Inventory Turnover is 8.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.44, compared to a current price of ¥3.86 — trading 13.1% below its estimated fair value. The current Inventory Turnover is 8.96. China Three Gorges Renewables (Group) Co's overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For China Three Gorges Renewables (Group) Co (SHSE:600905), the current Inventory Turnover is 8.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?

Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued. The current stock price of ¥3.86 is trading 13.1% below its estimated GF Value™ of ¥4.44. GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600905:

  • Inventory Turnover: 8.96
  • GF Value™: ¥4.44 vs. price of ¥3.86 (13.1% below fair value)
  • GF Score™: 70/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Three Gorges Renewables (Group) Co Business Description

Address No. 2, Liangshi Street, Building 5, Chengda Center, Tongzhou District, Beijing, CHN, 101199
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
70GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.86
Price
¥4.44
GF Value